Voip Pal Com Inc (VPLM)

[Warren Buffet wantabe]

Let's get this straight. We are supposed to believe things are going well. Hopefully I am reading it wrong. But watching insiders continue to sell shares is pathetic.

There is a trial in Aug and we are in mid May. 3 months to the trial and we have 3 new 144s filed today. Clifton 15 million shares, Williams 3.5M shares and the old favorite Chang 3.5M shares. Only person with out a new 144 is Barb and that is because her last 144 lasts until 6/1. She filed to sell 21M shares and has only sold 8M. So she can sell as much as she would like until 6/1.

That is very frustrating watching these insiders selling massive numbers of shares on a daily basis. I was hoping the increase in the share price would continue but I think that is a no. Notice that the share price rose 35% from late 4/29 - $0.13 to 5/14 - $0.175. Since then it has fallen to $0.0156 or 10.9%. Is a coincidence that insiders were able to sell on 5/15.